BIT 3.85% 2.7¢ biotron limited

Without a hope, page-201

  1. 5,709 Posts.
    lightbulb Created with Sketch. 681
    BIT are just not sophisticated enough to be a successful company let alone retain its market cap at $50m while...

    Accumulated losses continue to rise

    Cash on Hand continues to decline setting up for another equity raising diluting existing shareholders invested capital value ($ per share)

    Expenses, salaries, and 'performance' bonuses (what a joke) continue to rise

    Management and BIT fail at releasing price sensitive information to the market (ie poor assay results)

    What a sad state of affairs

    See Clip Below
    @3.28min
    Back in March 2013! MM said BIT225 would have FDA Approval and that their target for the drug to be in the market would be 3 - 5 years (ie 2016) - what an an epic failure and error of judgement that has been

    Since 20 years of development....NOTHING. No FDA Approval! No Partnership, No License Agreement, No Commercial Deal and HepC has been a complete failure

    MM throw in the towel already...the common denominator of failure is you



    https://hotcopper.com.au/data/attachments/2911/2911390-e811dfbdf7f6ebd0b53ff86846a54262.jpg


 
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Last
2.7¢
Change
0.001(3.85%)
Mkt cap ! $24.36M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $438 16.73K

Buyers (Bids)

No. Vol. Price($)
2 121151 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 157830 2
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